Spectra Energy Partners LP (Spectra Energy Partners LP) Days Payable : 107.53 (As of Sep. 2018)

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What is Spectra Energy Partners LP Days Payable?

Spectra Energy Partners LP's average Accounts Payable for the three months ended in Sep. 2018 was $268 Mil. Spectra Energy Partners LP's Cost of Goods Sold for the three months ended in Sep. 2018 was $227 Mil. Hence, Spectra Energy Partners LP's Days Payable for the three months ended in Sep. 2018 was 107.53.

The historical rank and industry rank for Spectra Energy Partners LP's Days Payable or its related term are showing as below:

SEP's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.37
* Ranked among companies with meaningful Days Payable only.

Spectra Energy Partners LP's Days Payable declined from Sep. 2017 (122.52) to Sep. 2018 (107.53). It may suggest that Spectra Energy Partners LP accelerated paying its suppliers.

Spectra Energy Partners LP Days Payable Historical Data

The historical data trend for Spectra Energy Partners LP's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spectra Energy Partners LP Days Payable Chart

Spectra Energy Partners LP Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

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92.91

126.16

138.21

169.40

151.36

Spectra Energy Partners LP Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Payable	Get a 7-Day Free Trial															122.52	96.66	79.06	82.32	107.53

Competitive Comparison of Spectra Energy Partners LP's Days Payable

For the Oil & Gas Midstream subindustry, Spectra Energy Partners LP's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spectra Energy Partners LP's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Spectra Energy Partners LP's Days Payable distribution charts can be found below:

* The bar in red indicates where Spectra Energy Partners LP's Days Payable falls into.

Spectra Energy Partners LP Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Spectra Energy Partners LP's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (441	+	259)	/	2 )	/	844	*	365
=	350					/	844	*	365
=	151.36

Spectra Energy Partners LP's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

	Days Payable (Q: Sep. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2018 )	+	Accounts Payable (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (286	+	249)	/	2 )	/	227	*	365 / 4
=	267.5					/	227	*	365 / 4
=	107.53

Spectra Energy Partners LP Days Payable Related Terms

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Spectra Energy Partners LP (Spectra Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Spectra Energy Partners LP (NYSE:SEP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.spectraenergypartners.com

Spectra Energy Partners is a master limited partnership that is majority owned by its general partner and corporate parent, Enbridge, a Canadian energy company. SEP owns more than 15,000 miles of natural gas and oil pipelines in the U.S. and Canada. It also owns 170 billion cubic feet of gas storage and 5.6 million barrels of crude oil storage, as well as gas- and oil-gathering facilities.

Executives

Michael G Morris	director	AMERICAN ELECTRIC POWER, 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
J D Woodward	director
William T. Yardley	director, officer: President & Chairman	5400 WESTHEIMER COURT, HOUSTON TX 77056
Nora Mead Brownell	director	C/O COMVERGE, INC., 120 EAGLE ROCK AVENUE, SUITE 190, EAST HANOVER NJ 07936
Laura Buss Sayavedra	director, officer: See Remarks	5400 WESTHEIMER COURT, HOUSTON TX 77056
Stephen J Neyland	officer: Vice President-Finance	5400 WESTHEIMER COURT, HOUSTON TX 77056
John K Whelen	director	425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Vernon D Yu	director, officer: Chief Development Officer	425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Allen C Capps	officer: Controller	5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
Gregory L Ebel	director, officer: President & CEO
Fred J Fowler	director	C/O DCP MIDSTREAM, 370 17TH STREET, SUITE 2500, DENVER CO 80202
Julie Dill	director	1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Dorothy M Ables	director	5400 WESTHEIMER COURT, HOUSTON TX 77056
Reginald D Hedgebeth	officer: General Counsel	9950 MAYLAND DRIVE, RICHMOND VA 23233
Steven D Arnold	director	5400 WESTHEIMER COURT, HOUSTON TX 77056

Spectra Energy Partners LP (Spectra Energy Partners LP) Headlines

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